Canaccord Genuity Maintains Buy on Joby Aviation, Lowers Price Target to $9.75
Portfolio Pulse from Benzinga Newsdesk
Canaccord Genuity has maintained a Buy rating on Joby Aviation but lowered the price target from $10.5 to $9.75.
October 29, 2024 | 12:11 pm
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NEUTRAL IMPACT
Canaccord Genuity has maintained a Buy rating on Joby Aviation but lowered the price target from $10.5 to $9.75.
The analyst's decision to maintain a Buy rating suggests continued confidence in Joby Aviation's prospects, but the lowered price target indicates a more cautious outlook on its short-term valuation. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100